Betway is an established multi-jurisdictional licensed betting site provider with more than a decade of experience. As an online betting establishment, they offer a diverse variety of betting options, from casino to sports, esports to live casino gaming.
Equally important, Betway is a responsible gambling operator that provides multiple withdrawal options and the option to reverse withdrawals at users’ discretion. Naturally, the process for how to reverse withdrawal Betway is relatively an easy task that can be carried out on both desktop and mobile platforms, and one that this article will explain in greater detail.
Why Use Betway’s Reverse Withdrawal Option
If you are asking yourself why Betway reverse withdrawal is an available option, the answer is the feature comes in handy at times. Namely, reverse withdrawal is handy when you wish to place more bets but have exhausted your bankroll. Even moreso, the reverse withdrawal option is handy if your preferred payment method, such as e-wallets and cryptos, charges transactional fees.
By reversing a portion of your withdrawal, you can avoid having to re-deposit and incurring the cost of those transactional fees. Moreover, once you reverse a withdrawal, you are free to submit a new withdrawal request for a lesser amount. Essentially, you are retaining a portion of your withdrawal.
To reverse withdrawal, you have to be registered first. If you aren’t, check out our Betway registration guide to learn more about the opening account process.
Steps to Reverse Withdrawal on Betway
While Betway prefers its customers gamble responsibly and not reverse a withdrawal once a request has been made. However, Betway allows its customers to change their withdrawals before withdrawal processing. To reverse withdrawal at Betway, you will need to complete the following five steps.
- Step 1: Start by navigating to Betway’s official website.
- Step 2: Click on the “Login” tab and enter your username and password.
- Step 3: Next, go to the “My Account” section and click on “Transaction History”.
- Step 4: Verify if your withdrawal is still “Pending”.
- Step 5: If your withdrawal is still “Pending”, click on “Cancel Withdrawal”.
Bear in mind, Betway tries to process in a timely manner, meaning you only have a certain amount of time to cancel a Betway withdrawal. Once they have begun to process your withdrawal, the option to reverse a withdrawal will no longer be possible.
FAQ
What should I do if the withdrawal doesn’t reverse?
If you submitted a reverse withdrawal request and the funds were not returned to your account, you will need to contact Betway at [email protected].
How long is the withdrawal pending period at Betway?
Depending on the day of the week withdrawals are submitted, the pending withdrawal period at Betway is 72 hours.
Can I still reverse if Betway already processed my withdrawal?
No, it cannot be reversed once Betway has begun processing your withdrawal.
How long until my reverse withdrawal is returned to my Betway account?
When reversing a withdrawal, the reverse withdrawal will immediately be returned to your Betway account.
Will Betway charge me a fee to withdraw from my account?
No, Betway will not charge a fee to withdraw from your account. However, some payment providers may charge a fee for processing the uploading of funds to your account.
Last updated: 01 Jul, 2024 at 13:40
Nostrabet Team
If you want to request a reverse withdrawal from betway, you should log into your account and have a pending withdrawal. If that is the case, you will see an option to "Cancel Withdrawal". By pressing it, it should be reversed. However, if the withdrawal is processed by the betway's side, it may not be available for cancellation.
It shows process commenced
But money is not credited 4 working day complete
Is there any thing to do
Please help me
Nostrabet Team