Our expert has provided a detailed explanation of how to withdraw from 22bet Nigeria. 22bet is an online betting platform that is owned and operated by Arcadia Hospitality LTD. The bookmaker is licensed in Nigeria and regulated by the National Lottery Regulatory Commission. The platform operates a variety of withdrawal methods and options to cash out. This article will give you all the necessary information on the withdrawal processes available on the platform.
How to Make a Withdrawal from 22bet?
The bookmaker offers a convenient and seamless procedure and methods for withdrawing funds from your account. The step-by-step guide is listed below:
- Sign up or sign in to your existing 22bet NG account
- Click the account icon on the homepage and select ‘Withdraw Funds’
- Choose your withdrawal method of choice
- You can withdraw your earnings using direct bank transfer, or Internet banking.
- If you go for the bank transfer payout, select your bank from the dropdown menu, and enter the account number, amount and name. Then click the ‘Confirm’ icon.
- Your funds will be credited to your bank account or e-wallet based on the payout time.
What are the Withdrawal Methods at 22bet?
22bet Nigeria offers two major methods for cash-out purposes. There is a direct bank transfer and Internet banking, as well as bank transfers using Flutterwave.
The bank transfer has an extensive list of traditional banks in Nigeria including Microfinance banks, and payment switching and processing companies. The table below provides information on the minimum withdrawal, maximum payout, transaction fee as well as processing time.
| Withdrawal Method | Minimum Payout | Maximum Payout | Transaction Fees | Processing Time |
| OPay | ₦550 | ₦10,000,000 | None | Instant |
| Flutterwave (bank transfer) | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Kuda | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| United Bank for Africa (UBA) | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| First Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Guaranty Trust Bank (GTB) | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Zenith Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| FCMB | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Fidelity Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Access Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Wema Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Polaris Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Citibank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Providus Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
| Globus Bank | ₦550 | ₦10,000,000 | ₦50 | Up to 24 hours |
What are 22bet withdrawal rules?
Punters are advised to thoroughly read the rules and regulations on 22bet platform and ensure that you abide by them. Failure to follow these rules might lead to a withdrawal problem on the platform. The bookie requires that punters verify their accounts with required documents before they are able to make withdrawals.
The platform states that the withdrawal amount must be consistent with the amount of bets placed and must have odds of at least 1.1. Failure to meet up with this condition will result in your withdrawal request being declined.
Potential Issues With Withdrawing at 22bet
22bet maintains the operating standards of the National Lottery Regulatory Commission. The bookie therefore mandates that all stated guidelines for betting platforms are followed exactly. The players are strictly advised to follow all rules and recommendations by the platform to avoid any payout issues . Some of the issues punters are likely to encounter includes:
- Declined withdrawal request. This may arise in instances where deposits are made via a different payment system from the one you want to withdraw with
- Improper verification of betting accounts. If your account is not verified or is not properly verified with the required documents, you are likely to encounter issues
- Misuse of betting accounts. If your account is flagged for any irregular practices, withdrawal will be declined until your account is verified again.
FAQ
How long does the 22bet withdrawal take?
Withdrawal time on 22bet may take up to 7 working days to fund your bank account depending on the withdrawal method.
What is the minimum withdrawal on 22bet?
The minimum withdrawal for bank transfers on 22bet is ₦550.
How to withdraw from 22bet via mpesa?
The platform does not offer withdrawal via Mpesa because it is not available in Nigeria.
How to withdraw money from 22bet using sms?
As at the time of this review, sms withdrawal is not available on 22bet
Does 22bet have cash out?
Yes. 22bet has cash out options on most of its games.
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