Cashout in Sportybet

Sportybet is a legal Kenyan company that has been accepting bets in the country for a long time.

The bookmaker belongs to the Nigerian company Marawin Group and in addition to working in the online space also actively accepts bets in ground offices.

You can find out what the office can offer its customers not only on the website, but also in its Sportybet Kenya app from our review on it. In this article we will tell you how to withdraw the money won from the bookmaker’s website and what is necessary for this.

Sportybet Cash Out Rules

By itself, withdrawing money from a gaming wallet is a simple task even for a novice player. The bookmaker works with popular payment systems, transfers funds to Russian bank cards and electronic wallets.

But please note that it is necessary to specify the correct data during registration so that the bookmaker does not block the flow of funds when paying winnings.

Withdrawal Conditions

  • According to the Terms and conditions, only adult players can play on bets and, accordingly, receive winnings at the bookmaker’s office. When registering, specify the real passport data. The Company has the right to request confirmation of the accuracy of all information. If false information is detected, the administration may block the transfer.
  • Of course, in order to withdraw money from the bookmaker’s account, you first need to log in. Unless, of course, you have logged out of your account for some reason.

Everything is simple here:

  1. Go to Sportybet and click on the desired button, which is located in the upper right corner of the screen.
  2. In the pop-up window, enter the username or email, and also specify the password.
  3. If you suddenly forgot or lost your password, you can restore it via phone or email.
  • Make sure that there are enough funds in the account to complete the transaction.
  • Choose the withdrawal method that you used to top up your balance.
  • If the security service of the betting company suspects illegal actions of the player, the specialists block the payment until the circumstances are clarified. Also, Sportybet will refuse to withdraw funds to the player if he has not fully filled out the questionnaire with personal data. The withdrawal request will have the status “Refusal”. To fix this, go to the “Personal Account” in the “Personal data” section and fill in the missing information fields.
  • Also, the betting company may refuse to withdraw funds if the money in the account is used not for making interactive bets, but for transfers of various types.

If you have any additional questions regarding cashout in Sportybet, the player can always contact the support service on the bookmaker’s website and in the mobile application. You can do this via chat, by e-mail, by calling a free hotline or order a callback.

Cashout in Sportybet Methods

There are several ways to withdraw funds:

  • to bank cards;
  • to electronic wallets of popular payment systems;
  • to a bank account.

The withdrawal of funds by time depends on the choice of payment system. For bank cards: from one minute to three working days. Winnings are credited to electronic wallets within a minute. The money will be received by bank transfer within five working days.

In addition, all income received in the form of winnings is subject to Commission. Such income is taxed at a rate of 10%. Any amount withdrawn in excess of the deposit made for the entire betting period is considered income

*The table below details all available withdrawal options with a minimum limit.

TypeWithdrawal amountTimeCommission fee
MastercardFrom 500 KES1 – 5 days10%
VISAFrom 500 KES1 – 5 days10%
ecoPayzFrom 500 KES1 – 5 days10%
AstroPayFrom 500 KES1 – 5 days10%
M-PesaFrom 500 KES1 – 5 days10%
AirtelFrom 500 KES1 – 5 days10%
M-Pesa Online DepositFrom 500 KES1 – 5 days10%

Minimum and Maximum Amounts and Withdrawal Limits

The minimum and maximum amounts available for withdrawal vary depending on the system used:

  • Bank cards: from 500 KES to 2,000,000 KES;
  • E-wallet: the minimum withdrawal amount is 500 KES, the maximum is 15,000 KES per transfer;

Bonus Account in Sportybet

A bonus account is a special account to which the company’s clients are credited bonuses for participating in bookmaker promotions. The received rewards can be of two types: some can be converted into money and withdrawn from the account, and others can be used only in the bookmaker’s promo code store. The first type is Jackpot Bonus.

Points received after fulfilling special conditions can be converted into money. To do this, the received bonuses must be won back. After that, the funds are transferred to the main account and are also subject to withdrawal.

How to cash out in Sportybet to a bank card

Before withdrawing money from the deposit to the card, log in to the betting company’s website.

Then follow a few steps:

  1. Log in to your personal account.
  2. Select the menu item called “Bid Management”.
  3. Find the ‘Withdraw Funds’ button and click on it.
  4. Specify the method “Bank card”.
  5. Add the amount in the appropriate field.
  6. Confirm the operation.

The withdrawal of funds to the card will need to be confirmed using an SMS code.

How to cash out in Sportybet to an electronic wallet

The bookmaker gives players the opportunity to transfer money to electronic wallets.

To do this, you need:

  1. Log in to your personal account.
  2. Select the menu item called “Bid Management”.
  3. Find the ‘Withdraw Funds’ button and click on it.
  4. Specify the method “Electronic wallets”.
  5. Add the amount in the appropriate field.
  6. Confirm the operation.

At the same time, at each step, the system provides hints to users. Follow the instructions and the process will not take much time.

How to cash out in Sportybet Kenya App

In order to cash out your winnings via a mobile phone, you need to:

  1. In the bookmaker’s mobile apps for iOS and Android devices, log in and select the “Betting Management” items.
  2. Next, find a suitable transaction method and specify the withdrawal amount.

The following actions completely coincide with the corresponding instructions for withdrawing funds on the official website. Each step is accompanied by a hint and will not cause questions even from inexperienced users.

Automatic withdrawal of funds to Sportsbet

Users of this bookmaker also have the opportunity to automatically cash out funds.

To do this, you need to set a threshold value for each bid. As soon as the withdrawal offer reaches or exceeds the threshold set by you, the system will independently withdraw funds to your wallet or bank card.

Conclusion

The withdrawal of winnings in Sportybet is quite convenient for users.

The advantages include:

  1. Available from a computer and in a mobile application;
  2. Quick withdrawal of funds from the account;
  3. There is no limit on the number of requests per day for the payout of winnings.

FAQ

Is it possible to withdraw money in crypto-currency?

No, all payments are made exclusively in the traditional world currency.

I made a deposit, but I can’t withdraw the money back, what should I do?

You cannot withdraw money immediately after depositing. You need to put them on a bet with a coefficient of at least 1.10. It is also worth remembering about the withdrawal limits.

Is it possible to withdraw money through the mobile app?

Yes, of course. Moreover, the whole procedure is absolutely the same as on the “full” site.

How long to wait for the receipt of money after withdrawing it from the account on the site?

If we are talking about electronic wallets, then a few minutes. With bank cards, everything is often about the same, but sometimes the process can take several hours. The maximum period is three working days, but this already applies to bank transfers.

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