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Velobet Withdrawal Guide for Players - Methods, Limits & Timelines

In this article, we will delve into the withdrawal methods available at Velobet, how to withdraw from the platform, KYC & account verification, common withdrawal issues, the mobile withdrawal experience, and more.

Jo Davies
Jo Davies

Last updated: 2025-07-17

Chad Nagel

4 minutes read

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Velobet
Licenses: Curaçao
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Overall Rating

3.7/5
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Withdrawal Methods at Velobet 

Velobet offers several withdrawal methods to cater to the diverse preferences of its users. These include:

Withdrawal Methods

Method Min Withdrawal Max LimitProcessingTimeFees
Visa£10£7500 Per Week3 DaysNo
Mastercard£10£7500 Per Week3 DaysNo
Skrill£10£7500 Per Week3 DaysNo
Interac£10£7500 Per Week3 DaysNo
Neteller £10£7500 Per Week3 DaysNo
Astropay£10£7500 Per Week3 DaysNo
Noda£10£7500 Per Week3 DaysNo
Dash£10£7500 Per Week3 DaysNo
BitcoinCash£10£7500 Per Week3 DaysNo
Bitcoin£10£7500 Per Week3 DaysNo
Ethereum £10£7500 Per Week3 DaysNo
Tether £10£7500 Per Week3 DaysNo

Although Velobet highlights that all withdrawals take around three days to process, we did find that withdrawals to eWallets or crypto wallets were processed faster.

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How to Withdraw from Velobet

Withdrawing funds from Velobet is a straightforward process. Here's a step-by-step guide on how to do it:

  1. 1

    Log in to your Velobet account and click on the "Wallet" tab

    Log in to your Velobet account

    Log in to your Velobet account

  2. 2

    Select the "Withdraw" option and choose your preferred withdrawal method.

    Select the Withdraw option

    Select the Withdraw option

  3. 3

    Review the information and confirm the transaction.

    It really is that easy providing your account has been verified. That is why we recommend completing the KYC process at the time of creating your account.

KYC & Account Verification

To ensure the security of its users and compliance with regulatory requirements, Velobet may require you to complete a KYC (Know Your Customer) process. This involves verifying your identity and address by submitting relevant documents, such as a passport, driver's license, or utility bill. The account verification process is usually quick and easy and took us around 12 hours from the point of submitting our documents to be fully verified.

Common Withdrawal Issues

Withdrawal Issues

ProblemCause/Fix
Withdrawal RejectedInsufficient funds
Pending Withdrawal Account not verified
Incomplete Withdrawal Double check payment details
Bonus Funds WithheldWagering requirements not met

Always remember that you must use the same withdrawal method as the one you used to make a deposit.

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Mobile Withdrawal Experience

Velobet's mobile platform offers the same withdrawal options and process as its desktop version. The mobile interface is user-friendly and responsive, making it easy to request a withdrawal on the go. The withdrawal times remain consistent across both platforms, ensuring a seamless experience for users who prefer to access Velobet on their smartphones or tablets.

SB Withdrawal Score - Velobet

MetricScore
Speed of Withdrawal 6/10
Payment Method Flexibility 9/10
KYC Process & Transparency 8/10
Mobile UX for Payouts8/10
Terms Clarity 6/10
Support Helpfulness 7/10
SB Withdrawal Score7.6/10
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Velobet offers a variety of withdrawal methods, including debit cards, e-wallets, and cryptocurrencies, to cater to the diverse preferences of its users. The withdrawal process is straightforward, and the platform provides clear instructions on KYC & account verification. While users may occasionally encounter issues, Velobet's customer support team is always available to assist.

FAQs

What’s the fastest way to withdraw from Velobet?

Velobet states that all withdrawals are processed within three days. However, in our experience, eWallets and crypto withdrawals were completed the quickest.

Why is my Velobet withdrawal pending?

The most common problem with a pending withdrawal request is users' accounts not being verified. Ensure that yours is, if it is then contact customer support for further assistance

Can I withdraw using a different method than I deposited?

No you can't. All licensed casinos ensure you use the same method to withdraw as you used to make a deposit to help prevent money laundering. 

Is there a withdrawal limit?

Yes. All of the Velobet withdrawal methods have their own limits. There is also a £7500 weekly limit per user.

Do I need to verify my account to cash out?

Yes, all users have to complete the Velobet KYC process before they can make a withdrawal. 

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Jo Davies
Jo Davies Sports Betting Writer 

As a sports writer, Jo Davies has done it all, from the Springbok Sevens to the Indian Premier League cricket, karting, and snooker, and is known for her detailed reviews and in-depth features of the games she covers. Away from the keyboard, Jo volunteers trackside as an MSA scrutineer for motorsports and unwinds at home with her dogs, cats, and tortoise or outside in nature, usually with a good book.