publication - Apr 25, 2024
changed - Jun 07, 2024
There is no point in betting if you cannot win. Of course, the more withdrawal methods a bookmaker provides, the more convenient it is to use the service. This aspect largely determines the user experience. Today, we will look at the withdrawal process on the BangBet platform in Nigeria and talk about its pros and cons.
Brief Overview of BangBet in Nigeria
BangBet is an African bookmaker operating in Kenya, Uganda, Tunisia, and Nigeria. The company appeared on the market in 2021 and immediately made itself known, winning the hearts of local bettors. The platform has a website and an application, but in Nigeria, the site is initially aimed at mobile users, and it is not very convenient to use it on a computer. The range of events for betting is good, but the main focus is local competitions and championships. Depending on your interests, this can be both a plus and a minus. Read the detailed review to find out everything about BangBet.
Withdrawal Conditions
All bookmakers set certain limits. Such measures are necessary to protect the platform itself and your account from scammers. Therefore, it is worth understanding and accepting these rules.
Minimum Amount for Withdrawal
The minimum withdrawal amount is ₦100. It means that until you win this amount, you will not be able to create a withdrawal request.
Maximum Amount for Withdrawal
You can withdraw a maximum of ₦100,000 per transaction.
Maximum Amount for Withdrawal Per Day
The daily limit is ₦200,000. Remember that the maximum limit also depends on the chosen method. For example, you can withdraw no more than ₦10,000 in one OPay transaction.
Withdrawal Methods
For the convenience of users, the platform offers several withdrawal methods. There are not as many of them as on top international platforms, and there is no option to use a cryptocurrency wallet. However, you can choose the most convenient method.
Bank Transfer
You can withdraw money to your account in one of the Nigerian banks. This is the most extended method because the bookmaker and the bank of your choice verify the payment.
OPay
This is the fastest withdrawal method, as the money is credited almost instantly. At the same time, in the OPay application, you can specify a card from any bank.
PayStack
This digital transfer system is also gaining popularity in Nigeria, allowing you to transfer and receive funds quickly. You need to install the application on your smartphone in advance and register in the system.
Withdrawal via Mobile App
To withdraw money in the application, you must fill out all the information in your account and confirm your contact details. In addition, the bookmaker may request additional verification. In this case, you must send all requested confirmation of your identity and residential address.
Currently, the application is only available for Android devices.
Withdrawal via Lite Version
You can also withdraw funds in the mobile version of the site on any device. Since the functionality of all versions is the same, follow the instructions in the next paragraph to receive your winnings.
BangBet Withdrawal Steps
It’s easy to create a withdrawal request in the application. Here’s a step-by-step guide to the process.
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Step 1
Log in to your account. You will see your current balance next to the deposit button at the top of the screen. Click on it, then click on the “Withdraw” button.
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Step 2
On the tab that opens, select the withdrawal method you need and enter the amount in the field below.
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Step 3
Confirm the withdrawal and wait for the money to be credited.
Commissions for BangBet Withdrawal
The bookmaker does not charge a commission for withdrawals. Please check with your payment system whether such a commission exists immediately before making a transaction.
Is There Cash out at BangBet?
The platform has a complete and partial cashout function. It means that you will be able to close the bet early, receiving money at the odds that were current at the time of closing. This option is helpful if you risk losing and want to save at least part of the money spent.
Cashout is unavailable for some events. Check feature availability before placing a bet.
How Long Does It Take to Withdraw Funds From BangBet?
The withdrawal period depends on the method you choose. Typically, payments through OPay go through in a few minutes, while a bank transfer takes up to several days.
How to Check Withdrawal Pending in BangBet
You can view the payment status in your account.
Problems With BangBet Withdrawals
Although the withdrawal process usually goes smoothly, problems cannot be ruled out. Below, we will look at the main causes of difficulties and ways to solve them.
Problems on the Bettor’s Side
Problem | Solution |
---|---|
The withdrawal limit has been exceeded. | Try again in a day, or reduce the amount in your withdrawal request. |
You have not passed verification. | Submit all requested documents and wait for them to be verified. |
Information mismatch. | If the data in your account does not match the data specified in the payment system, the bookmaker will cancel the withdrawal. Use your cards and e-wallets. |
A problem when withdrawing bonus funds. | Make sure you have met all bonus wagering requirements. |
Technical Problems
Withdrawal problems may arise due to technical or maintenance issues on the betting platform or your payment processor side. In this case, you just need to wait for them to complete.
You can always contact the support service and clarify the time frame for solving technical problems.
Why Can’t I Withdraw Money From BangBet?
Above, we have listed the main reasons for problems with withdrawing money. Make sure you don’t run into one of them. Contact support to clarify the situation if you have ruled out these reasons.
How to Request a Pending Withdrawal From BangBet
If you have already created a claim for funds and it is still pending, you do not need to take any action. Wait for the application status to change. After this, you will either receive the money or see a notification that your withdrawal has been canceled.
Conclusion
As you can see, BangBet provides comfortable conditions for withdrawing funds. The advantages of the platform are wide limits and the presence of several options for withdrawal. The disadvantage is the lack of cryptocurrency payments.
FAQ
Can I withdraw my deposit on Bangbet?
Can you withdraw free bets?
How do you bet on Bangbet?
How do I withdraw money from a bet?
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