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BrainBoxNews - Breaking News - Nigeria News - Entertainment News > Blog > Latest News > Guides, Tips, Methods and FAQs
Latest News

Guides, Tips, Methods and FAQs

Brainbox
Last updated: 2023/08/15 at 10:49 PM
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There are several methods available on how to withdraw from BetKing. This guide shares the BetKing withdrawal rules, process, timing, and the minimum amount required. New players can also understand more about the BetKing referral code, which unlocks the welcome bonus.

Contents
How Can I Withdraw My BetKing Bonus?How to Withdraw Money From BetKing?How To Withdraw From BetKing Account to Your Bank AccountWhat Are BetKing Withdrawal Rules?What is the Minimum Withdrawal on BetKing?How much is BetKing maximum withdrawal?Can I Cancel a bet?How Long Does it Take to Withdraw From BetKing?Do I Need an ID to withdraw from BetKing?Problem with BetKing withdrawal Why is My BetKing Withdrawal Pending?What Should I Do If I Can’t Withdraw From My Account? Why Was My Withdrawal Rejected and What Should I Do?

How Can I Withdraw My BetKing Bonus?

If you’re a new player, you qualify for the Free Bet bonus after opening your BetKing account. However, the credit amounts are non-withdrawable, as stated in the bonus terms and conditions. Instead, you must use your bonus credits on the site; then, you can withdraw from BetKing if you get any winnings.

How to Withdraw Money From BetKing?

New and existing players can initiate a BetKing withdrawal with just a few simple steps. But to begin, you must complete the BetKing registration, apply the bonus code KINGMAX, and have positive funds in your BetKing account. Furthermore, the bookmaker must verify your account and identity. 

When you are ready to withdraw from BetKing, follow this step-by-step guide.

  1. Go to the homepage and enter your username and password to access your BetKing account.
  1. Then, locate the Withdrawal option.
  1. Select the BetKing withdrawal amount and choose your preferred banking method.
  1. Lastly, review your details and press Confirm to withdraw money from BetKing. 

How To Withdraw From BetKing Account to Your Bank Account

Today, players can only make a BetKing withdrawal via bank transfer.

More withdrawal methods might become available in the future. For instance, how to withdraw from BetKing to Opay option might launch.

Use the guide below to withdraw money from BetKing to your Nigerian bank account.

  1. First, log in to your BetKing account using your username and password.
  2. Click on Withdraw.
  3. Then, select Bank Transfer to withdraw from BetKing.
  4. Choose your provider from the list and input your bank account details.
  5. Enter your preferred BetKing withdrawal amount.
  6. Click Confirm to complete your transaction. 

What Are BetKing Withdrawal Rules?

Before setting up a transaction, be aware of the BetKing withdrawal rules.

Generally, a betting site will enforce withdrawal rules, such as minimum and maximum amounts and time limits. If you fail to comply, your BetKing withdrawal can take longer.

For instance, to withdraw from BetKing, you must provide documentation so the bookmaker can complete verification checks. This is to avoid money laundering or fraudulent activity from your BetKing account. Also, the provider audits all withdrawal requests before they are approved. As a result, the bookmaker can take longer to process some withdrawal requests.

Below are further details on some of the most important BetKing withdrawal rules.

What is the Minimum Withdrawal on BetKing?

Currently, the minimum withdrawal at this online betting site is NGN 1,000. This is a daily limit and resets after 24 hours. 

How much is BetKing maximum withdrawal?

The BetKing withdrawal maximum amount is capped at NGN 10,000,000 per day. However, if you want to submit a withdrawal request for more, then contact the bookmaker. 

Can I Cancel a bet?

Yes, you can cancel if you make a wager before the event begins. However, once a fixture starts, you cannot cancel the bet. Also, any cancelled bets will not count towards your BetKing bonus criteria. 

How Long Does it Take to Withdraw From BetKing?

Generally, withdrawals from your BetKing account are processed instantly. However, you should allow up to 24 hours for funds to show when you withdraw money from BetKing. Occasionally, bank withdrawals can take up to five days due to verification checks. 

Do I Need an ID to withdraw from BetKing?

For your first withdrawal from BetKing, you must provide a valid ID copy. This is to meet Know Your Customer (KYC) regulations. 

After your first BetKing account withdrawal, the provider might occasionally ask for your ID documents again. By law, the brand has to keep up-to-date, accurate and true payment and ID details for its customers. As soon as you provide these documents, the bookmaker can complete quicker withdrawal requests from your account. 

Problem with BetKing withdrawal 

Sometimes, your BetKing withdrawal might be slower than usual. Alternatively, the payment might take longer than the specified time limit. However, if you encounter an issue with bank account transfers or Palmpay methods, you can solve the issues with a couple of quick steps. 

Why is My BetKing Withdrawal Pending?

Occasionally, you might check your BetKing withdrawal process and see it is on hold. This is due to the betting site or the payment provider updating their systems. If your payment has not shown in your bank account within 24 hours, you can re-submit the withdrawal request. But if it does not work again, contact BetKing and your bank account provider.

What Should I Do If I Can’t Withdraw From My Account? 

If you have followed the withdrawal steps and the process is not working, ensure you have met the minimum withdrawal amount. Do not try to withdraw any bonus amounts, as these are non-withdrawable. Lastly, ensure the betting provider has your personal bank account provider available on the site. However, if you have met these conditions and the payment still won’t work, contact the betting company. 

Why Was My Withdrawal Rejected and What Should I Do?

Sometimes, your first withdrawal or payment request to a new account might be rejected. One of the common reasons for this is players entering incorrect details during the withdrawal stage. Before you press Submit, always double-check your details. 

In addition, the request might be rejected because the bookmaker has not verified your account. Or your bank account might be invalid or expired. Always check that you meet the criteria for a withdrawal before attempting a payment. 



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TAGGED: FAQs, guides, methods, Tips
Brainbox August 15, 2023
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