BetKing Withdrawal Guide - How to Withdraw from BetKing

One of the most crucial aspects of a bookmaker's withdrawal process is its banking methods. Punters must understand the accepted banking methods and how the process works. Each bookmaker has different withdrawal processes, and here’s how to withdraw from BetKing. 

Step-By-Step Guide How to Withdraw Money from BetKing

Here’s how to withdraw money from BetKing after punters have a verified betting account:

1.    Log into BetKing and click My Account on the top right corner of the screen. 
2.    Find Account Settings.
3.    Select Withdraw and click the Withdraw Now button.
4.    Select the bank account to withdraw from or add a new bank option to the account. 
5.    Enter the preferred withdrawal amount. 
6.    Click the Proceed button to finish withdrawing.

Withdrawal Options

BetKing allows users to withdraw money directly to their bank accounts using bank transfers. The bookmaker also provides an extensive list of Nigerian local banks.

Before making a withdrawal request, punters should connect their bank accounts to their betting accounts. Here’s how to save a bank account to ensure a smoother and quicker BetKing withdrawal process. 

Saving Bank Accounts

BetKing allows users to save multiple banking accounts for their withdrawal process. To connect a new bank account, follow these steps.

1.    Log into BetKing and go to My Account.
2.    Click Account Information. 

3.    Click Edit Profile. 

4.    After the Personal Information page loads, click the Bank Account Info tab. 

5.    Punters will see a page where they can edit their bank account details.

6.    Click the preferred bank option and fill in the bank details.
7.    Click Save Profile to send the bank information to BetKing. 

After receiving the new banking information, the bookmaker will start a verification process. When BetKing finishes verifying the info, users will receive a notification of the successful progress. 

BetKing Withdrawal Time

How long does a BetKing withdrawal take? The bookmaker processes withdrawals instantly, so punters should immediately receive their money. If the process takes longer, users can check the progress status on their accounts.  

Checking Withdrawal Status

Punters can check the BetKing withdrawal time and the progress of their request via their betting accounts. If there are any delays, users can check the status to determine the problem. Here’s how to check the withdrawal status in your BetKing account.

1.    Click the My Account button on the top right corner of BetKing’s homepage. 
2.    Find Account Settings and click Transaction List. 
3.    Click Transfer Type and choose Payment Methods. 
4.    Filter the transaction type to Withdrawal. 
5.    Click Proceed, and the payment transaction status will appear on the screen. 

Minimum and Maximum Withdrawal Limit

Although the bookmaker allows withdrawals to multiple banks, the BetKing minimum withdrawal and maximum limit are the same for all banks. The minimum BetKing withdrawal limit is ₦1,000. Meanwhile, the BetKing maximum withdrawal per transaction is ₦10,000,000. 

Withdrawal Fees

The bookmaker doesn’t charge for withdrawal transactions. Punters can submit a withdrawal request anytime without being charged a transaction fee.

Verification Process

Besides understanding how to withdraw in BetKing, punters should know the bookmaker’s verification process. For security reasons, reputable bookmakers like BetKing typically require punters to verify their identity before making a withdrawal.

Punters can choose to submit:

●    International passport
●    Driver’s licence
●    Voter’s card
●    National ID card

The submitted document must include a clear picture of the account holder’s information, including full name, date of birth, document number, and a valid expiration date. Punters can submit these documents before requesting a withdrawal by following these steps:

1.    Log into the BetKing account. 
2.    Go to My Account and click My Profile. 
3.    Click Identity Verification. 
4.    Upload valid identity documentation.
5.    Submit the verification request.

The verification process typically takes a few hours. Once the bookmaker approves the verification, users will receive a notification. 

Withdrawal Problems 

Although the bookmaker promises instantaneous withdrawals, some factors might prolong the BetKing withdrawal duration. If a punter follows BetKing withdrawal rules, there shouldn’t be any withdrawal problem.

Here are several things a punter should check when they experience delays after submitting a request. 

KYC Procedure

Punters who just submitted their bank account information might not receive their withdrawals instantly. This is because BetKing requires some time to verify the information they received. The checking process commonly takes approximately 24 hours. However, it might take longer if the bookmaker finds mistakes or requires missing information to complete the KYC procedure. 

Bank Delays

You might also experience some delays due to the bank you use. This is a common problem when punters submit a request on the weekends when transactions are higher than on weekdays. If you’re not sure how to withdraw on BetKing after a delay, you can try using another bank or contact the bank directly for more information.

Network Issues

The status might appear to be On Hold for several reasons. One of them is network issues, which means the request is stuck in the system. This doesn’t mean the bookmaker isn’t processing the request. However, if the problem isn’t resolved within 24 hours, the bookmaker will return the withdrawn amount to the user’s account. Punters can then submit another request. 

Active Bonus Play-Through Requirements

A BetKing bonus withdrawal requires punters to meet the bonus play-through requirements before requesting the transaction. Punters should check if they have an active bonus amount, which requirements are still unmet, as this might prevent them from requesting a withdrawal.

Punters should also follow the minimum withdrawal on BetKing to have the request approved. Reading BetKing bonuses terms and conditions will help you avoid this problem.