How to Withdraw From BetKing

Making a BetKing withdrawal is easy, whether you’re a newbie or an expert bettor. The bookmaker allows you to withdraw your winnings directly into your bank account. If you want to learn how to do it, then this guide is for you. See how to withdraw from BetKing within a few minutes. We’ll also cover the withdrawal rules and discuss the potential problems to avoid during the process.

BetKing Withdrawal Methods in Nigeria

Although BetKing Nigeria offers a variety of deposit methods, it currently only has one withdrawal method. BetKing allows you to withdraw your winnings using Bank Transfer only. You must provide your bank name and account number to process your withdrawal. However, you must ensure your bank account information matches your details on the sportsbook to ensure a smooth withdrawal.

To give you a quick overview, here are the banking options available, along with their processing times and withdrawal limits.

Digital Wallets (Opay, PalmPay)

Using digital wallets like Opay and PalmPay is the fastest option for withdrawing funds from BetKing. Withdrawals are usually instant, but may sometimes take up to 5 minutes to be reflected. The good part is that there are no transaction fees associated with this withdrawal method.

You can withdraw a minimum of ₦100 and a maximum of ₦40,000,000 in a single day. These wallets also support mobile access, ensuring a seamless withdrawal experience.

Traditional Banks (Zenith, GT, Polaris & more)

If you prefer withdrawing to traditional banks, BetKing supports over 20 banks. You can use options like GT Bank, Access Bank, and Zenith Bank to make a direct transfer from your betting account into your bank account.

While withdrawals are usually instant using traditional banks, there may be a delay in receiving your funds due to the speed of the bank network. It can sometimes take 30 minutes to several hours to receive your winnings. Nevertheless, they provide strong security and wider accessibility. You can withdraw amounts ranging from ₦100 to ₦10,000,000 in a single transaction using this method.

How to Withdraw BetKing Bonus?

As a new player on BetKing, you’ll receive a welcome bonus. The bookmaker offers you over ₦1,000,000 in free bets. You can earn ₦72,000 in free bets every day with a minimum stake of ₦500 for the first 14 days. However, you can only withdraw the bonus if you meet the wagering requirements.

Therefore, you must sign up using your BetKing promo code, make a deposit, and place a bet. Once you fulfil the wagering requirement, here is how to withdraw your winnings from the bonus.

1. Visit the BetKing website or launch the app.
2. Log in to your account and click the account avatar.
3. Select “Withdraw” on the next page.
4. Set up your bank transfer details by adding your bank name, account number and account name. Ensure your name matches your BetKing account.
5. Input the amount you want to withdraw and click on “Proceed.”
6. The bookmaker will process your withdrawal immediately, and you will get your funds within a few minutes.

BetKing Withdrawal Rules in Nigeria

As one of the best betting sites in Nigeria, BetKing has withdrawal rules in place to safeguard the platform. You must follow these rules to claim your funds successfully without issues.

For instance, BetKing may need to verify your account before allowing you to withdraw. You must provide your government-issued ID to pass the KYC process. The bookie can put your withdrawal on hold until the check is complete.

Also, you can only request a withdrawal into a bank account that matches your BetKing account profile. The bookie does not support withdrawing into a third-party account to prevent any fraudulent activity. Additionally, BetKing gives you five withdrawal slots daily. Once you exhaust them, you’ll have to wait until the next day. There are even more rules; please find them below.

What is the Minimum Withdrawal for BetKing?

The minimum withdrawal on BetKing is ₦100. You must have at least ₦100 to withdraw funds from the bookmaker.

What is the Maximum Payout on BetKing?

The BetKing maximum payout per betslip is ₦75,000,000. Additionally, your total winnings in 24 hours cannot exceed ₦300,000,000.

BetKing Maximum Withdrawal Per Day

BetKing allows a maximum withdrawal of ₦10,000,000 per transaction. However, the daily maximum amount you can withdraw from the site is capped at ₦40,000,000.

What is the Minimum Deposit on BetKing

The minimum amount you can fund your account with depends on your chosen payment method. Some BetKing deposit methods allow you to deposit as low as ₦50, while others are set at ₦100.

How Long does BetKing Withdrawal Take?

BetKing processes your payment immediately. However, your withdrawal time might differ based on your bank's processing period. Your funds will usually be reflected in your account within 30 minutes.

BetKing Withdrawal Problems

While BetKing allows smooth withdrawals, you may sometimes encounter difficulties when withdrawing your money. This could be due to issues with ID checks, phone numbers, and incorrect bank details. We will briefly examine a few.

Why Can't I Withdraw from BetKing?

If you're unable to withdraw from BetKing, check if you're experiencing any of the following issues. We will also offer solutions to them.

• ID Approval: BetKing must verify your account to process your withdrawal. The operator will request a National Identity Card/Digital NIN slip, Voter's card or Driver's license. Once approved, you can then withdraw your money.
• Inaccurate Details: BetKing requires your bank name to match the one on your betting account. If these details are incorrect, you may not be able to withdraw your funds.
• Active Bonus: BetKing allows you to withdraw winnings from a bonus offer. However, you must fulfil the wagering requirements of the offer before the bonus becomes available to you.

Unavailable Withdrawal Methods

While we commend BetKing for offering secure and fast withdrawal options, there is still room for improvement. Methods such as PayPal, Paysafecard, cryptocurrency, and other international options are currently unavailable.

Even the widely used Nigerian payment processors, like Paystack and Flutterwave, are not available for withdrawals. Instead, they are limited to deposits. Therefore, we expect the bookmaker to offer more flexibility than traditional banks or digital wallets, allowing players to have more options.